The primary purpose is to allow Bitmessage users to benefit from eternal key backups by generating their addresses from a seed.
In addition, they can use the same seed for a Bitcoin wallet and a Bitmessage client. This method also enables future use cases where senders calculate Bitmessage addresses based on a recipient's extended public key and some other index value. On Wed, Jul 1, 2015 at 12:07 PM, Kristov Atlas <kristovatlas.li...@gmail.com> wrote: > Hi Justus, > > What are the potential applications for this BIP? > > -Kr > > On Jun 30, 2015 1:53 PM, "Justus Ranvier" <justus.ranv...@monetas.net> > wrote: >> >> Monetas has developed a Bitmessage address derivation method from an >> HD seed based on BIP-43. >> >> >> https://github.com/monetas/bips/blob/bitmessage/bip-bm01.mediawiki >> >> >> We're proposing this as a BIP per the BIP-43 recommendation in order >> to reserve a purpose code. >> _______________________________________________ >> bitcoin-dev mailing list >> bitcoin-dev@lists.linuxfoundation.org >> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
